Audit Plan

An audit plan is a structured outline detailing the approach, scope, and objectives of an audit. It defines the audit’s purpose, methodology, timelines, resources, and areas of focus. The plan helps guide auditors through a systematic process to ensure comprehensive coverage and consistency in evaluating an organization’s practices and controls.

Developing a robust audit plan is vital for aligning the audit process with organizational goals and regulatory requirements, thereby ensuring the audit’s effectiveness and efficiency.